Determinants of Intra-GCC Food Trade. Issue 3 (27th May 2017)

• Record Type: Journal Article
• Authors: Kaitibie, Simeon; Rakotoarisoa, Manitra A.
• Is Part Of: International trade journal. Volume 31:Issue 3(2017)
• Page Start: 272
• Page End: 293
• Publication Date: 2017-05-27
• Subjects: Customs union -- food export -- gravity model -- Gulf Cooperation Council -- relative factor endowment; International trade -- Periodicals; Commerce -- Periodicals; International economic relations -- Periodicals; 382
• DOI: 10.1080/08853908.2017.1288182
• Languages: English
• ISSNs: 0885-3908

Abstract

ABSTRACT: Using panel data for six Gulf Cooperation Council (GCC) countries from 1995–2014, we assess the impacts of several major economic variables on intra-GCC food exports, and on GCC food exports to the world. The GCC customs union had minimal impact on intra-GCC food exports, but occasioned a significant reduction in GCC food exports. Unlike GCC food exports, intra-GCC food exports occurred among countries with similar relative factor endowments, in agreement with the Linder Hypothesis. Rising incomes and exchange rates played significant roles in both intra-GCC food exports and GCC food exports, while distance has lost its once-dominant role.